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Friday, February 25, 2011

Monetary

News                                                                                                                             
The Economist | Back from the dead
The world has forgotten about Japan’s banks. Both Western and Chinese bankers should refresh their memory.

Econ Comments                                                                                                             
Ludwig von Mises Institute | Inflation Is Here, and It Is Going to Get Worse
As compared to September last year, the growth momentum of price indexes shows visible strengthening. Year on year, the rate of growth of the consumer price index (CPI) rose to 1.6 percent in January from 1.5 percent in the month before and 1.1 percent in September last year.

Blogs                                                                                                                             
Mises Economics Blog | Inflation: It’s Getting Crazy
Why is it that by the time price inflation comes around, everyone seems to forget about the money question? It doesn’t matter that the monetarists once seem to dominate the day with the quantity theory or that the Austrians have been talking about this issue for 100 years.
CSM: Mises Economics Blog | Turnaround for US banking?
The US banking industry earned more in 2010 than it has since 2007. But will these changes stick?
ThinkMarkets | Let Them Eat Chips
Unfortunately for defenders of Fed policy, today’s paper is filled with stories of rising inflation.
Daily Capitalist | The Fed Will Never Go Broke
The Fed must be worrying about the possibility that it could go broke, otherwise it wouldn’t have sneaked through an accounting trick that makes it impossible for them to become insolvent.